MIAMI, FL — Boyne Capital (“Boyne”) is pleased to announce that its portfolio company, Fulcrum IT Services, LLC (“Fulcrum”), has made the Inc. 5000 list as one of the fastest-growing private companies in America for the ninth consecutive year. Only 1 percent of companies have made the Inc. 5000 list for nine years in a row.
“We have developed and followed a strong growth strategy that has allowed us to make the Inc. 5000 list again.” remarked Jeff Handy, Fulcrum CEO. “Fulcrum has rapidly become known in federal contracting as a company that can provide pivotal performance; our continued growth highlights our customers’ confidence in our work and reputation.”
Each year, Inc. magazine releases the list of the five thousand fastest-growing private companies in America. Companies are ranked by their respective revenue growth rates as calculated by comparing 2017 revenue to that of the 3 prior years. The average company on the 2018 Inc. 5000 achieved a three-year growth of 538.2 percent. The Inc. 5000’s aggregate revenue is $206.1 billion in 2017, and the featured companies collectively generated 664,095 new jobs over the past three years.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be found at http://www.inc.com/inc5000.
Fulcrum is a leading technology company based in Centreville, Virginia that provides pivotal solutions and services primarily for federal customers in the defense, intelligence, education and healthcare sectors leveraging Software and Systems Development, Cloud Computing, Data Management, CyberSecurity, Data Fusion, and Advanced Technology and Research. Fulcrum provides expert solutions in the areas of Healthcare & Human Capital, Technology Services, Cyber Security, Intelligence Analysis & Operations, and Mission Systems. At Fulcrum we know success depends on high level performance. For more information about Fulcrum, visit www.FulcrumCo.com.
Boyne Capital is a Florida-based private equity firm focused on investments in lower middle market companies. Founded in 2006, Boyne has successfully invested in a broad range of industries, including healthcare services, agriculture, consumer products, niche manufacturing, and business & financial services among others. Beyond financial resources, Boyne provides industry and operational expertise to its portfolio companies and partners with management to drive company performance and growth. We specialize in providing the capital necessary to fund corporate growth and to facilitate owners’ and shareholders’ partial or full exit; approximately 50% of our transactions have been recapitalizations of owner operated businesses with the remainder being corporate divestitures, restructurings or special situation opportunities.
Grindstone Partners is a Virginia based private equity firm that partners with management teams to create extraordinary shareholder value in small and mid-sized companies. The firm brings its extensive operational, growth, M&A and turnaround experience and its far-reaching network of resources to its portfolio investments. Grindstone invests in profitable companies with high growth potential and revenue between $10 million and $100 million and pursues add-on acquisitions for its existing portfolio companies. For more information, visit www.grindstonepartners.com.